New Income Tax Bill 2025 Highlights: FM Nirmala Sitharaman introduced new I-T Bill in Lok Sabha
New Income Tax Bill 2025 Highlights: Union Finance Minister Nirmala Sitharaman presented the new Income-Tax Bill 2025 in Lok ...
Tax Guru25m
CIT(A) Cannot Set Aside Matter Back to AO: ITAT Mumbai
The ITAT, while acknowledging the assessee’s lack of cooperation, found that the CIT (A) had erred in setting aside the assessment. The ITAT cited the precedent set in Arun Kumar Bose vs. ITO; ...
Tax Guru20h
Addition towards unexplained investment deleted as payment from NRI account proved
ITAT Rajkot held that addition on account of unexplained investment in purchase of immovable property u/s 69 of the Income ...
ITR filing after Budget 2025: If your taxable income is Rs 12 lakh, do you have to file I-T returns?
It is important to note that this zero tax liability only pertains to the new tax regime that has been in place as the ...
ITR filing Budget 2025: Can you stop filing ITR if your income is below Rs 12 lakh?
The Budget 2025 has raised the threshold of rebate available under Section 87A from Rs 25,000 to Rs 60,000. The basic income exemption limit was also increased to Rs 4,00,000. However, those with ...